Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-03-11
GENERAL MARKERS.
Produce and Provisions.

ST. LOUIS, MO, March I0.-Flour-Harke
steady and unchanged Wheat active, irregular
and generally lower. NJ irket opened firm and
ruled steady for time, but soon weakened and
declined 4GTs, recovered fraction, eased of
again iowa ds close and finished 7.Gl lower
than yesterday. No. red cash
SO%c; June 64GoIl.c, closing at 80lsc;
July 7914GS9c, c.Osing at 1870; September ol6
SIC, closing at Sic. Corn market more active
and stronger closing &c higher tn yesterday;
G37l4c, closing at $3.50; June 37Rc
Oats very dull and firm; No: , n ixed caeh
2911 bid; May 291Ic. COrnmeal steady at s. 90
az O5. Whisky steady at 81 ID. Wool quiet
and unchanget ; ms dunn, 2lG26c; coarse braid,
l662Ic; low sandy, I3Gl9c; fine light, 1873;
heavy, I492lc. Provisions very quiet and
frmer. Pork SIS co. Lard s. 6214G7 IS. Bulk
mea g, loose lots long Gle r S. As; short ribs
S. 80; short clear SIS 20; boxed los long clear
S. *; short ribs So s2A; short clear S. Is.
BscOn-LOng clear, S. = short RIBS. 81 70;
short clear, SO %. Hams firm at 81 scala co.
Afternoon boar Wheat shade easier
Co steady and unchanged. oats sc lower
or May.
CHICAGO, ILL, March 10 The wheat market
had a wicked temper to-day and the scenes fl
excitement which accompanied the sharp ad-
van of the prect ding tn rec days were rivaled
shortly after u O'Clock, when there was v lid
scramble to unload long wheat on the falling
market. There was a large amount OF bear
news and disquieting rumOrs which provoked
q sort of half panic, and caused one OF the
sharpest declines in prices that trade had
shown for years. NAV delivery dropped to Sic,
showing full decline OF sc from top figures OF
Yesterday. Operators who Became confirmed
In the view thgt "Corner" or May wheat was
projected. were divided in the view a 10
VIII Their a clique had sold holdings or were
mplY allOwii < the market to drop back In or
Ger to shake out all small dealers. Enormous
guam tiles of wheat as thrown on the market
by local houses for Gu toners o stop orders,
and WHIT re margins had expired. The market
Ope. cd with May at 81 &C, or &c lower than last
night, tht n rally to sac follow ed, but under
the pressure of large offerings the price broke
of to &c. Considerable long wheat sold on
down turn, butr the impression was that it
WAS OUTSIDE and scattering lots and not wheat
belonging to ne bull clique, and rally TO e3@4c
succeeded, with more confidence being shown
by the 4. orators. II was reported that the
proposed duty on wheat in France was to go
into effert, and this helped the depression.
The Governments report showing the amount
OF wheat on hand to be in e3cess OF the supply
I ne year ago was alEO regarded az Il strong
bear argument. While these statements may
have had effect, 1t was noticed that
mence1 throw We large quantities Of wheat
on the market. Haf million bushel lots were
offered by one or two prOm!nr Mt bears, and
when the panic was near its height a rumoT
was started that several large houses had
failed The result was that prices fell @ II in the
sharpest manner Imaginable, until May had
touched sic. y reaction to SIG followed,
when TT e market rested at l o'clock. The ru-
NOR of failures was dlsproven in the afternoon,
and the market rallied to S2i4c and closed for
the day al s. 1.as2&c. Corn ruled strong de,
spite the big break in wheat, ani maintained
prices fairly well. The oemand was active ON
both local and outside accounts, with shorts
buying freely. The starting price for May was
Ai,c from which It advanced to
42ic, ten broke of TO AlIc during the panic